Ergomed raises L11 million in London IPO

CRO Ergomed Clinical Research Ltd. (LSE:ERGO) raised L11 million ($18.7 million) through the sale of 6.9 million shares at 160p in a London IPO. The price values the company at L46 million ($78.3 million). Oriel Securities led the financing. Ergomed's first day of trading is slated for July 15. ...